Expected closing costs

 David Johnson can walk you through closing - 919-833-6157
There are certain ordinary costs accompanying closing the sale of a home. These expenses are often divided between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in North Carolina to help guide you through your deal.

Loan-related closing costs    (More information)

  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we hammer out your transaction, I'll not only work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you are aware of exactly where your money is going.

Buyers: When purchasing a home in Raleigh, you will be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's past experiences and are required to be within a reasonable range so you're not stunned when you arrive at closing time. I'll be glad to go over the estimate with you, answering your questions and highlighting any estimates that are uncertain.

Don't forget to factor in closing costs when considering a home sale or purchase. David Johnson is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call me today at 919-833-6157 if your needs include a real estate pro experienced in the business side of buying and selling.

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